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FOX News
Dec 29, 2012 4:00pm PST
from one of the highest tax hikes in u.s. history. >> senators and staffers now behind closed doors. we are told they are trying to put together a plan to help us from all going over the fiscal cliff. we are within 72 hours of the deadline, and tonight the new developments. in the wake of the shooting at sandy hook elementary, gun sales are on the rise. what is driving the spike? and the growing number of teachers who are looking to arm themselves. also, one man's trash becomes a child's musical treasure. you'll meet the children's orchestra that plays instruments recycled from garbage. >> i'm harris falkner. they are actually negotiating on capitol hill just as economic analysts say we are about to go over the so-called fiscal cliff, the punishing combination of higher taxes on just about every worker in america and deep spending cuts particularly to our military. top lawmakers are calling in staff members for meetings on this saturday. right now we are told senate leaders are working on a potential deal. still our journalists on the hill are being told there will be no official pr
FOX News
Dec 30, 2012 3:00pm PST
to higher taxes on just about every worker in america and deep spending cuts, particularly to our military. i'm hair harris faulkner. this is a special two-hour edition of the fox report. pressure is mounting as talks appeared to be making progress at one point then late today, word they hit a setback this afternoon over social security spending. senate minority leader mitch mcconnell says he never received a response to a republican offer last night and is reaching out to vice president joe biden to kickstart negotiations with the white house at this point. the senator saying fail to go solved the crisis is simply not an option. >> the consequences of this are too high for american people to be engaged in a political messaging campaign. there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know i'm willing to get this done. but i need a dance partner. >> a dance partner. meanwhile democrats being led by senate majority leader harry reid who says he
FOX News
Dec 23, 2012 4:00pm PST
tax hikes and spending that could send us back into recession, you've heard that over and over. steve, at this point what are the chances that a grand bargain can still be struck? >> well, harris, it's possible, but getting less likely because it just really isn't a lot of time left. house speaker john boehner will be back next year and for now, he's thrown the ball into the democrats court and some republicans are saying the president isn't really trying to avoid that fiscal cliff. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all of this additional tax revenue for new programs and gets to cut the military which democrats have been calling for for years and he gets to blame the republicans for it. >> and independent senator lieberman saying it's likely that it will pass with no action, harris. >> harris: how soon can we expect negotiations to get back underway. >> not until after christmas. and wednesday, most likely on thursday. president ob
FOX News
Dec 23, 2012 7:00pm PST
all. you should know by now no deal would meet a crippling addition of tax hikes and spending cuts that could plunge our economy back. steve at this point what are the chances that a grand bargain can still be struck? >> it is possible it is getting less likely. there isn't a lot of time left. house speaker john boehner will be back but for now he's throwing the ball in the democrat's court. some republicans are saying the president isn't trying to avoid the fiscal cliff. >> when i listen to the president i think he's eager to go over for a political purposes. he gets all of this additional tax revenue for programs he gets to cut the military canwhich democrats have been calling for for years. he gets to blame republicans for it. >> independent senator joe leiber than is saying it is appearing more likely the deadline will pass with no action. harris? >> how soon can we expect negotiations to get back underway? >> wednesday at the earliest possibly friday. one of his democratic allies today that position should come as no surprise to any one. >> i know it's hard for the republicans
FOX News
Dec 22, 2012 4:00pm PST
hurt our economy. a failing to reach a deal by december 31st would trigger tax hikes and spending hikes . and they say they are willing to continue to work toward a deal . the question is can they get it done in a time. here's steve in washington. will president obama focus on the fiscal cliff? do we know? >> probably not: there will not be done to much -- and president arrived in honolulu. within to his rented vacation home. he left washington last night after scaling back . it is still possible . he's focusing now on a middle class tax hike and extended unemployment benefits. and this congress laws can only pass for democrats and republicans and that means no one gets 100 percent of what they want. everybody has to give a little bit in a sensible way. we move forward together or we don't move forward at all . >> they are planing to stay in honoluluand planning to return right after christmas. harris. >> what is next for republicans . at this point speaker boehner is saying it is up to the president and democraticically senate . wouldn't have survived in the senate. it leaves the
FOX News
Dec 26, 2012 4:00pm PST
the end of the year and push to solve tax and spending issues is critical. the edge of the so-called fiscal cliff is really in view now. the home county of house speaker john boehner butler county, ohio, currently under a blizzard warning. house republican leaders holding a conference call earlier today on the fiscal cliff, but so far they have not yet called on lawmakers to return to capitol hill. but they have said they will give a 48 hour warning if they plan to do that the white house saying the president is cutting his holiday vacation in hawaii short to return to d.c. to work on a deal to try to stop those automatic tax hikes and deep spending cuts from kicking in on january 1st. and if they don't reach a deal before then, many economists say we will dip back into a recession. i had henly house republican leaders didn't have a lot of new information for their lawmakers. they would have 48 hour notice if they are needed to pray back to washington from various districts around the country. that tells us they are being noncommittal at this point because they frankly do not know wh
FOX News
Dec 24, 2012 4:00pm PST
measure so that that big grand 4 trillion-dollar. instead he wanted to extend tax cuts for the middle class. he wanted to extend benefits for 2 million people that will lose those benefits a week after christmas. republicans are saying they think the president actually wants to go off the fiscal cliff for political gain. take a listen. when i listen to the president i think the president is eager to go over the cliff for political purposes. additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years. and he gets to blame republicans for it. >> now, republicans are also skeptical of the short-term deal the president is talking about because it would leave spending cuts until next year. not deal with them now. republicans don't like the idea that some taxes would go up. meanwhile, the spends cuts wouldn't come until later. although democrats on the hill say the real reason republicans have not sealed the deal with the president yet is they just won't admit that he won the election. take a listen to senator chuck schumer. >> on tax
FOX News
Dec 21, 2012 4:00pm PST
spending cuts and tax hikes kick in on new year's day. ed henry live at the white house. ed? so what's the president's new plan? >> well, harris, the president said he came into the briefing room and said maybe is he a hopeless optimist but is he a new slim down three point plan that he says can pass in 10 days. basically extend tax cuts for 98% of americans. he said both parties agree with that extend unemployment benefits for 2 million americans. those are expiring about a week after christmas. that's a big problem. and then he says come back and do spending cuts and deficit reduction in the new year. he is telling lawmakers take a few days off. relax over the holidays and maybe we'll all come together. take a listen. >> sing some christmas carols, enjoy the company of loved ones. and then i would ask every member of congress while they are back home to think about that think about the obligations we have to the people who sent us here. think about the hardship that so many americans will endure if congress does nothing at all. >> now, i can hear the helicopters warming up the
FOX News
Dec 28, 2012 4:00pm PST
this hour. lawmakers may not be able to stop one of the largest tax hikes in u.s. history. >> i'm optimistic we may still be able to reach an agreement that can pass both houses in time. >> we'll be working hard to try to see if we can get there in the next 24 hours. >> harris: the man made economic nose dive just days away. can they get a deal done? >> if we don't have a deal within the next 24 hours, the question is, whether you where do you buy a parachute. >> the last minute move to save us from the fiscal cliff. and, a shooting inside a politician. -- police station. officers down and a suspect dead. >> i saw them throw somebody into an ambulance. >> in moments, what we know about how this happened. and on very thin ice. >> the deeper you got out, the more ice was cracking. you just couldn't get to them. >> the rescue mission to pluck a man and a dog from a frozen river. i'm harris faulkner in for shepard smith. and president obama says tonight there is still time to get a deal done before we fall off the fiscal cliff. and he demanded congress take action now before it's too
FOX News
Dec 27, 2012 4:00pm PST
answers as i said and just days remaining until tax increases and spending cuts all kick in and we all feel the pain. mike emanuel live with the news for us tonight on capitol hill. top democrats seem to be suggesting they cannot cut a deal without republican help. >> well, harris, that is right. and so they are asking what it will take to at least get some republican support. they say time is so critical. they cannot just roll out new legislation only to have the republicans reject it. we know president obama called the top four congressional leaders last night on his way back from hawaii. tomorrow afternoon at the white house will be a meeting between the president and those top four congressional leaders and earlier the top senate democrat expressed concern or frustration saying you cannot legislate with yourself. >> the republicans in the house have left town. the negotiations between the president and the speaker have fallen apart as they have for the last three and a half years. we have tried mightily to get something done. >> now, perhaps in an effort to address that we know
FOX News
Dec 25, 2012 4:00pm PST
reality tomorrow which is that both sides are still far apart on two big issues at stake here. whose taxes are going up and how much spend something going to be cut, jamie? >> jamie: an issue big enough that most people probably aren't asking what the president and mrs. obama exchanged for christmas and what was on the christmas menu. we always talk about that what do we know about how they spent their christmas? >> they have kept it very quiet. what the president is trying to do since is he likely to go back to washington tomorrow is get as much family time he's can right now with his wife, daughters and other family and friends who were here. obviously it's a little different hawaiian christmas. you can see we have got some video of some of the christmas trees here they have now brought a live christmas tree to waikiki beach. he was skinniy and had dark hair, not white hair and playing a violin. little different hawaiian christmas. in all seriousness we are expecting that the president is likely to go to the u.s. marine base here in honolulu area. he has done that the last few christmase
Search Results 0 to 10 of about 11